News Desk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

TCS recognised as a Leader in Gartner Magic Quadrant for Managed Workplace Services, Europe

Tata Consultancy Services, a global IT services, consulting and business solutions organization, has been named a Leader in the Gartner Magic Quadrant for Managed Workplace Services, Europe, for the second consecutive year.  The report profiles 19 leading providers in Europe to enable sourcing, procurement and vendor management leaders to select the right partner in this…

FinanZero raises R $ 40 million in new funding round

FinanZero , a Swedish-owned fintech that operates as an online loan finder to find personal credit with partner financial institutions, announced the raising of R $ 40 million with the participation of the funds Swedish VEF, Dunross & Co and Atlant Fonder and other investors. “The volume of credit requests on our platform continues to…

Fulcrum Digital appoints Munishk Gupta as EVP – Global Delivery, Prasad Washikar as SVP – Higher Education, Consumer Products & Services

Fulcrum Digital, a leading business platform and digital engineering company, has announced the appointment of Munishk Gupta, Executive Vice President, Global Delivery, and Prasad Washikar, Senior Vice President, Higher Education, and Consumer Products and Services. Both of them will be based at the company’s India office in Pune. Earlier this year, Fulcrum Digital advanced to…

Blackbaud appoints new President and GM of Blackbaud Corporate Solutions

Blackbaud, the world’s leading cloud software company powering social good, announces that Brandon Sharrett has been appointed president and general manager for Blackbaud Corporate Solutions, reporting to David Benjamin, executive vice president, International Markets Group. In this role, Sharrett will lead the vertical business unit that serves all companies who use Blackbaud solutions—including the Blackbaud…

PharmEasy parent gets funding from Prosus Ventures & TPG Capital, enters unicorn club

API Holdings, the parent company of Mumbai-based online pharmacy PharmEasy, has raised an investment of $350 million from Prosus Ventures and US-based private equity firm TPG Capital, according to ET report. Prosus Ventures (previously Naspers Ventures) has backed Indian technology startups like Swiggy, Byju’s and Meesho. The deal is estimated to have valued Pharmeasy at…

Karnataka Bank gets three new General Managers

Karnataka Bank has promoted three of its Deputy General Managers viz., Raja B S, Nirmal Kumar Kechappa Hegde and Ravichandran S as General Managers. Raja B S, is a Post Graduate in Commerce, Certified Associate of the Indian Institute of Bankers (CAIIB), Certified Bank Trainer and also a Certified Credit Professional.  He started his career…

Minfy Tech ropes in Vikram Manchanda as CEO

Cloud services company, Minfy Tech, announced the appointment of Vikram Manchanda as CEO. In 2015, Manchanda founded AWS public sector business by enabling AWS’s entry into Indian market, according to a statement. His focus included customers, partners and startups in government, education, healthcare, BFSI and energy segments, it added. As the Country Head of the…

Tarun Bajaj appointed new Revenue Secretary, Ajay Seth new DEA Secy

The union government of India has approved the appointment of Tarun Bajaj as new revenue secretary under the Ministry of Finance, according to PTI report. Most recently, Bajaj served as secretary to the Department of Economic Affairs (DEA). Tarun Bajaj took additional charge of Secretary, Department of Revenue, after the superannuation of Ajay Bhushan Pandey.…

GTPL Hathway Limited MD Anirudhsinh Jadeja Takes Over From DEN Networks CEO S. N. Sharma as New AIDCF President

All India Digital Cable Federation (AIDCF), the apex body of digital cable television players, announced the appointment of Anirudhsinh Jadeja (MD – GTPL Hathway Limited) as the new President of the Federation. This change has been made as tenure of S.N. Sharma (CEO – DEN Networks Limited), as President-AIDCF has ended on 31st March 2021.…

Wipro appoints Sarah Adam-Gedge as Managing Director for Australia and New Zealand

Wipro Limited, a global information technology, consulting and business process services company, announced the appointment of Sarah Adam-Gedge as the Managing Director for Australia and New Zealand (ANZ).  Sarah has proven experience in leading digital transformation initiatives for large organizations globally with a successful track record of driving growth, profitability, business agility and managing successful…

Bengaluru-based AntWak raises seed funding led by Matrix Partners India

Edtech startup AntWak has raised more than a million dollars in its seed funding round led by Matrix Partners India. Other investors that took part in the funding round include Better Capital founder Vaibhav Domkundwar and CRED founder Kunal Shah.  Founded in 2020, AntWak is the brainchild of ex-McKinsey, ICICI, Jio, and ex-ISB & IIT…

Kemin Industries announces acquisition of Proteus Industries

Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, announced it has acquired Proteus Industries, Inc, a privately owned food technology and ingredient company that created, developed, and patented novel clean label protein ingredients and applications…

Canon India appoints Manabu Yamazaki as President and CEO

Canon India announced that Manabu Yamazaki has replaced veteran Kazutada Kobayashi as new President and CEO for the company in the country, according to IANS report. Kobayashi was at the helm for nine years, leading growth across portfolios in the India market. According to industry sources, Kobayashi will step into a larger role within the…